Assumptions

Assumption input and calculations for individual policies.

This Space is a child Space of Projection, and it holds assumption parameters and rates used by the Projection Space.

blockdiag Projection [PolicyID, ScenID=1] Assumptions Policy

Parameters

Since Projection is parameterized with PolicyID and ScenID, this Space is also parameterized as a child space of Projection. For example, simplelife.Projection[1].Assumptions.ExpsMaintSA() represents the expense maintenance per sum assured for Policy 1.

PolicyID

Policy ID

Type:

int

ScenID

Scenario ID, defaults to 1.

Type:

int, optional

References

AssumptionTables

ExcelRange object holding data read from the Excel range AssumptionTable in input.xlsx.

MortalityTable

ExcelRange object holding mortality tables. The data is read from MortalityTables range in input.xlsx.

prod

Alias for simplelife.Projection.Policy.Product()

polt

Alias for simplelife.Projection.Policy.PolicyType()

gen

Alias for simplelife.Projection.Policy.Gen()

sex

Alias for simplelife.Projection.Policy.Sex()

AsmpLookup

Alias for simplelife.Input.AsmpLookup()

Cells

BaseMortRate(x)

Bae mortality rate

CnsmpTax()

Consumption tax rate

CommInitPrem()

Initial commission per premium

CommRenPrem()

Renewal commission per premium

CommRenTerm()

Renewal commission term

ExpsAcqAnnPrem()

Acquisition expense per annualized premium

ExpsAcqPol()

Acquisition expense per policy

ExpsAcqSA()

Acquisition expense per sum assured

ExpsMaintAnnPrem()

Maintenance expense per annualized premium

ExpsMaintPol()

Maintenance expense per policy

ExpsMaintSA()

Maintenance expense per sum assured

InflRate()

Inflation rate

LastAge()

Age at which mortality becomes 1

MortFactor(y)

Mortality factor

MortTable()

Mortality Table

SurrRate(y)

Surrender Rate

BaseMortRate(x)[source]

Bae mortality rate

CnsmpTax()[source]

Consumption tax rate

CommInitPrem()[source]

Initial commission per premium

CommRenPrem()[source]

Renewal commission per premium

CommRenTerm()[source]

Renewal commission term

ExpsAcqAnnPrem()[source]

Acquisition expense per annualized premium

ExpsAcqPol()[source]

Acquisition expense per policy

ExpsAcqSA()[source]

Acquisition expense per sum assured

ExpsMaintAnnPrem()[source]

Maintenance expense per annualized premium

ExpsMaintPol()[source]

Maintenance expense per policy

ExpsMaintSA()[source]

Maintenance expense per sum assured

InflRate()[source]

Inflation rate

LastAge()[source]

Age at which mortality becomes 1

MortFactor(y)[source]

Mortality factor

MortTable()[source]

Mortality Table

SurrRate(y)[source]

Surrender Rate